Saturday, May 3, 2014

Ashok Leyland sales decline 21% in April

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Hinduja Group flagship company  Ashok Leyland today reported a 21 percent decline in its total sales at 5,897 units in April. The company had sold 7,487 units during the same month of previous year, Ashok Leyland said in filing to the BSE.
                    
 Ashok Leyland shares Sales of medium and heavy commercial vehicle in April went down by 14 percent to 4,523 units from 5,251 units sold during the same month of previous year. Sales of light commercial vehicles in April, 2014 declined by 39 percent to 1,374 units from 2,236 units sold in the same month of previous year. Shares of Ashok Leyland closed at Rs 22.45 apiece, up 0.90 percent from their previous close on the BSE.


Ashok Leyland stock price 

On May 02, 2014, Ashok Leyland closed at Rs 22.45, up Rs 0.20, or 0.90 percent. The 52-week high of the share was Rs 25.20 and the 52-week low was Rs 11.82. The latest book value of the company is Rs 16.74 per share. At current value, the price-to-book value of the company was 1.34.

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